Broken Trust: Greed, Mismanagement & Political Manipulation at America's Largest Charitable TrustPrincess Bernice Pauahi Bishop was the largest landowner and richest woman in the Hawaiian kingdom. Upon her death in 1884, she entrusted her property--"known as Bishop Estate--"to five trustees in order to create and maintain an institution that would benefit the children of Hawai'i: Kamehameha Schools. A century later, Bishop Estate controlled nearly one out of every nine acres in the state, a concentration of private land ownership rarely seen anywhere in the world. Then in August 1997 the unthinkable happened: Four revered kupuna (native Hawaiian elders) and a professor of trust-law publicly charged Bishop Estate trustees with gross incompetence and massive trust abuse. Entitled "Broken Trust," the statement provided devastating details of rigged appointments, violated trusts, cynical manipulation of the trust's beneficiaries, and the shameful involvement of many of Hawai'i's powerful. No one is better qualified to examine the events and personalities surrounding the scandal than two of the original "Broken Trust" authors.Their comprehensive account together with historical background, brings to light information that has never before been made public, including accounts of secret meetings and communications involving Supreme Court justices. |
Contents
| 11 | |
A Culture Suppressed | 31 |
Where Are All the HawaiianLooking Ones? | 43 |
Newfound Wealth Cultural Rebirth Seeds of Discontent | 53 |
The Trust Plays Politics as Activism Grows | 65 |
ShellShocked Lottery Winners | 81 |
The Black and Blue Panel | 89 |
Five Fingers One Hand | 97 |
Mistrust and Paranoia | 185 |
A World Record for Breaches of Trust | 195 |
Thats Just the Way You Do It | 211 |
Public Pressure Forces a Political Shift | 219 |
Trustees Surrounded | 229 |
End of the Line | 245 |
Healing and Closure | 267 |
chapter 21? Eternal Vigilance | 283 |
The Education Trustee | 105 |
We Must March | 125 |
A Tinderbox Waiting for a Match | 143 |
Time to Say No More | 151 |
Like Investigating the CIA | 167 |
Afterword | 299 |
The Charitable Trust Provisions of Princess Pauahis Will and Two Codicils | 301 |
| 305 | |
| 307 | |
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